What metrics will you use to calculate the happiness index of customers for the Medium blog?
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Clarifying Questions
- What do we mean by Medium blog? - the complete site medium.com
- What do we mean by customers - writers or readers? - readers
- What do we mean by the happiness index? - is it a metric how happy people are with the product - can we assume it as a variation of the customer satisfaction score or do we need to consider if people feel happy using the product?
Structure
I will first discuss the main users and usage of the Medium platform
Then proceed to consider what happiness could mean to a user consuming content on Medium
Further, I will discuss a few metrics that could contribute to the Happiness Index
Then I will summarize
The Medium Blog
Medium blog has been created by Evan Williams, who was initially the founder of blogger and had sold it to Google. There was no place where users could discover new content and there was no place where writers could just focus on writing great content. Medium is a new-age blog and content distribution system that helps ease the challenges by the readers and the writers.
Writers
- Don't want to focus on the technical aspects of the blog
- Don't want tens of options about formatting writing
- Want to build a loyal following of readers on the platform
- Want to experiment with various ways of producing engaging content
- Want to send emails and other content along with just writing blogs to keep readers aware about new posts
Readers
- Want one place for all their reading needs
- Don't want to adjust or reset the look and feel of the product again and again while reading content
- Want to read, review, save and come back to read the articles later
- Want to engage meaningfully with the creators of the post
Happiness for Readers
As a reader and avid user of Medium myself, I am happy when I repeatedly read content that I feel is extraordinary. I look forward to writings of these authors, provide the posts with likes and claps.
User Journey of Readers
Awareness
- Land on an article from various sources
Activation
- Read first article
- Create account
Retention
- Follow writers, subscribe to magazines
- Save articles
- Read multiple times a day or multiple days in a week
Referral
- Share articles
Revenue
- Subscribe to Medium
Happiness Index for Readers - Since we are talking about happiness index for readers, I will consider the Retention, Revenue and Referral related metrics since that is where more engaged users tend to be in the lifecycle.
Awareness
Activation
Retention
- N Day Retention measured at 7, 14, 30 days to see how many users are finding value in the content they are reading
- Number of posts read per sessions - if users are finding value in the content, they usually spend more time reading per session
- Number of likes per Number of posts read - if users enjoyed reading a post, they end up liking it
- Number of claps per Number of posts read - the higher the number of claps, the higher the engagement
- Number of writers followed - the higher the number of writers followed, the higher better the feed, and higher the engagement
- Number of magazines subscribed - magazines are a unique feature of medium where multiple articles written by various authors are curated and published for the end users
- Number of daily subscription email opens, clicks
Revenue
- Percentage of new users who subscribe to medium - MoM/WoW/QoQ
- Percentage of users who continue to renew subscriptions
Referral
- Number of shares per post created - plotted as a histogram, should tend to move rightward over time
- Number of users inviting other users to medium
Summary
The happiness of a user is a complex metric that depends on a variety of factors. After discussing high-level successes for users, we dove deep to understand a few metrics that contribute to the happiness of the users. A consistent dip in each of these metrics could result in an overall reduction of happiness for the users.
Medium is a blogging portal that enables people to read and write their thoughts across different domains and topics pertaining to their interest. The mission of Medium is access to information to all and enable cross-poliination of thoughts in the community bringing people with similar interests, together.
Medium resonates with primarily two user groups: Posters (writers) and readers.
Objective: The objective is to measure the success of happiness index of customers for medium blog.
Clarify:
- Is there a specific user group of customers that we are talking about? Is it posters or readers or both. IVR: You decide
- Is there a specific channel that I need to focus on? Web/mobile IVR: All
- The happiness index here is how happy the customer is from medium product and not abt the tone of the article the user is publishing? IVR: Correct
- The goal is mainly focused on retention and engagement of existing users as we are calculating happiness index. Any other goals that I should be aware of IVR: No, that sounds fine
- Ease of sign up process with single sign on - Must be quick
- Ability to write an article and then continue writing the same where they left off. - do they do not have to save the copy somewhere else
- Ability to easily edit their content when required
- Ability to share their content to other platforms
- May need the ability to download the article in different formats for print media
- Connect with followers and easy notification systems when they received upvote/downvote/comments
- Generate revenue thru advertising on their blog
- Discovery: Potential followers able to search and see the blog link in search engines
- Average time is takes to sign up
- Bounce/drop off rate from the sign up page
- No./% of unsuccessful login attempts
- DAU/WAU/MAU
- Average/% change spent time on medium
- Average number of upvotes/downvotes/comments/articles per user
- Number of shares of articles thru social media
- #/% of followers per blogger
- Average CTR
- Average/Total revenue that trickles down to the poster
- Frequency of visits D/W/M - the higher the better
- TIme duration till the next article - the lower the better
- NPS
- No. of referrals
- Sign-ups/visits from referrals
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